If a firm has a 2 million shares outstanding and its stock trades at $25 per share, the company also has $10,000,000 in debt. The company's market capitalization is
A) $40,000,000.
B) $49,000,000.
C) $50,000,000.
D) $60,000,000.
Answer: C
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Investment in foreign countries that occurs by installing capital goods and using them to produce output is referred to as
A. directed capital. B. direct investment. C. capital investiture. D. portfolio investment.
Which of the following operating activities results in a cash outflow?
a. Paying creditors for merchandise b. Collecting accounts receivable c. Making cash sales d. Receiving deposits recorded as unearned revenue
Podcasts are digital media files created for playback on portable MP3 players and computers
Indicate whether the statement is true or false
Expenditures included in the cost of a long-lived asset are
a. intangible. b. charged off. c. expensed. d. capitalized.